On4 Communications Inc (ONCI)

[PeaceKeepr]

Trading Suspensions - Please Read
Consider recent actions from SEC on Elon Musk tweets.
Any and all material beyond this point is provided by SEC.
Resource: https://www.sec.gov/oiea/investor-alerts-bulletins/ib_tradesuspensions.html

Why would the SEC suspend trading in a stock?

The SEC may suspend trading in a stock when the Commission is of the opinion that a suspension is required to protect investors and the public interest. Circumstances that might lead the Commission to suspend trading include:

Questions about the accuracy of publicly available information, including in company press releases and reports, about the company’s current operational status, financial condition, or business transactions;


Why couldn’t the SEC forewarn investors that it was about to suspend trading in a stock?

The SEC cannot announce that it's working on a suspension. We conduct this work confidentially to maintain the effectiveness of any related investigation we may be conducting. Confidentiality also protects a company and its shareholders if the SEC ultimately decides not to issue a trading suspension. The SEC is mindful of the seriousness of suspensions, and carefully considers whether it is in the public interest and for the protection of investors to order a trading suspension.